National Company KazMunayGaz announces Q1 2018 financial and operating results

04.06.18 18:43
/KASE, June 4, 2018/ – National Company KazMunayGaz (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE as follows: quote JSC National Company KazMunayGas (“KMG” or the “KMG Group”), Kazakhstan's vertically integrated oil and gas company, announced its IFRS financial results and operating highlights for the three-month period ended 31 March 2018. 2018 Q1 Financial Highlights: Revenue was up 32% year-on-year to 784 bln tenge (2,425 mln USD); Net profit was up 98% year-on-year to 204 bln tenge (632 mln USD); Capital expenditure was down 44% year-on-year to 82 bln tenge (253 mln USD); The KMG Group EBITDA was up 52% year-on-year to 402 bln tenge (1,246 mln USD); KMG net debt amounted to 1,913 bln tenge (6,008 mln USD). unquote Detailed information is available on KASE website (in Russian) – http://kase.kz/files/emitters/KMGZ/kmgz_reliz_040618_1.pdf [2018-06-04]